Unparalleled 855-acre live water ranch in the heart of Texas Hill Country, just west of Dripping Springs and 45 minutes from downtown Austin. This ranch offers extraordinary improvements and incredible views with nearly 1.5 miles of spring-fed Mustang Creek flowing year-round, even through drought. The creek is dammed up to create several deep lakes perfect for fishing, swimming, paddleboarding, etc. Also within 30 minutes is the vineyard region between Johnson City and Fredericksburg as well as Wimberley. The ranch's topography is diverse with dramatic valleys and soaring hilltops that provide breathtaking panoramic views. Perched atop one of these hilltops is a 7,000 sqft custom home featuring 6 bedrooms, 7 bathrooms, and upgrades throughout including new hardwood floors, a state-of-the-art kitchen with new appliances, and a new Savant AV control system. Step outside to enjoy the negative-edge pool and outdoor living areas with sweeping vistas. This ranch is incredibly private and is accessed by a gated, private 1-mile paved road and is completely high fenced. Upon entering the gated entry, there is a large pond, incredible wildlife is abundant throughout the ranch. Included on the ranch are 10 deer feeders, 6 turkey feeders, and 6 food plots, ensuring a healthy habitat for a wide variety of wildlife. The ranch is under wildlife management. Additional structures closer to the creek include a 2 bed 1 bath foreman’s house, a rustic 3 bed 2 bath guest house, a nice moderately-sized equestrian facility and a large equipment barn. The ranch also allows for the possibility of a 5,100 foot runway. Whether for hunting, fishing or recreational enjoyment, this ranch is a truly exceptional property offering the best of Texas ranch life.